Police have taken two people into custody in relation to an incident in the Huon Valley this morning.
About 3.35am, police received a report in relation to a robbery at a residence in the Cradoc area.
Two people had reportedly entered the house, assaulted the resident, and stole a number of items including several firearms and a Mitsubishi Triton vehicle.
The resident has received medical assistance for non-life threatening injuries.
Significant police resources were deployed immediately following the report, and a search was conducted with the assistance of the Westpac Rescue Helicopter.
Shortly after 6am, the stolen vehicle was located on fire in the Ranelagh area.
Police implemented a large cordon, and shortly after 10am two people – a man and a woman – were arrested and taken into custody.
At this stage police believe the incident was targeted.
Investigations are ongoing and anyone with information in asked to contact South East CIB on 131 444 and quote OR796787.
Information can also be provided anonymously through Crime Stoppers Tasmania at crimestopperstas.com.au or on 1800 333 000.